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And a record 4. 5 billion in penalties stemming from the deepwater horizon disaster that killed 11 workers in 2010 and unleashed that on your screen, the worst offshore oil spill in u. S. History. Shares of bp moving slightly higher today but down 7 this year. Lets check out gold, sliding to a one week low acting more like a commodity than a save haven in this volatile market. We talked to george euro on thursday and he said it is not be taking how you think it would for a couple reasons, number one being people dont have enough money to buy gold. When you hear that 60 of the s p 500 companies are in correction territory i begin to wonder do any of our traders think this is a screaming buy for the markets or are they saying this is a past thing . Traders at the stock exchange, cme group and nynex, John Cortines, screaming buy or dipping your toe in or standing by . You got a special cohost on monday, myself, i am looking forward to ....
Came in with earnings and revenue per share but both missed the estimate and they have a lot going on Going Forward. S p capital still a buy rating but some other analysts doing much of the same. They have it at 660 from 710. Back to you. Melissa Hurricane Sandy off the coast of florida preparing to go north and sla sign the east coat with wind and rain. Adrian is here with more. Still a category one hurricane at this point in the game and sustained wind at 80 miles per hour. Moving to the north at 6 miles per hour. A little bit slower than what it was earlier today. You can see this massive system huge in size in the winfield continues to improve. Well not just a bit gusty wind at the center of the storm, but also far away from the center. Feeling some effects across florida getting in the weather from orlando back to the miami beach area. They are shortlived but with heavy ....
Connell markets now begins with the news that is breaking. Charlie gasparino joins us from the newsroom. Charlie the little bit bored. It may happen. It is about 4000 people combined. Mergers are never easy. There are always synergies to be found. Publicly, they have said nothing. Spokespeople will not comment. In past segments, they have talked about synergies. Spitzer is contemplating fairly significant cuts. The numbers he is going around are pretty significant. Clearly, job cuts are in the air over there. This is pretty interesting. The New York Stock Exchange keeps a pretty large workforce. Ice is pretty thin. The New York Stock Exchange has a lot of duplication. Twenty lawyers doing the same thing. It is that duplication that he tends to take out as this merger progresses. It is set to close in the fall. After it closes, that is when you can see these ....
Earnings, earnings and more earnings, a mixed bag. No wonder the market starts amid a mixed bag. Ups ground after releasing its quarterly numbers but qualcomm taking off. Investors giving the chipmakers forecast a thumbsup and a big way. At stock continuing to move higher. Good afternoon, and i am liz claman, last hour of trading, countdown to the closing bell begins right now. Stocks in a Holding Pattern ahead of the big january employment report being released for tomorrow. As you can see mixed, the Dow Jones Industrials just a second ago down only 9 points. I thought we might make a run for the flat line, not quite yet, the nasdaq and russell in positive territory. On his last trading day we wanted to highlight the markets january performance, actually been a great month for the bulls, mcfeel like it but it has been pretty good, the dow 6 . That is the best month f ....